Technically, the Indian economy is on road to recovery.
The Larsen & Toubro-Grasim deal is expected to aid the recovery in cement prices and limit the share of the multinational companies, according to CRIS INFAC, a research subsidiary of the rating agency CRISIL Ltd.
Multinational IT firms who are now leveraging the India offshore model to deliver value to their customers are planning to hire over 13,000 professionals in the next 12 months, CRIS INFAC, a business research firm of CRISIL, said on Tuesday.
The past decade saw three full cycles of markets moving up and then going into bear phases.
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Investment in national highways would double to Rs 66,000 crore (Rs 660 billion) over the next five years, as compared to the past half-decade, according to a forecast by a research firm.
India plans to phase in cash transfers of food and kerosene subsidies from September, saving 10-15 per cent of the $21 billion in annual outlays on the benefits by eliminating fraud, a senior finance ministry official said on Thursday.
Global market regulators are keen to have a close look at a model for assessing corporate governance, developed for the first time by Securities and Exchange Board of India.
Most money market players expect the Reserve Bank of India to keep key interest rates unchanged in its annual policy statement for 2005-06 (April-March), to be unveiled on April 28.
The asset size of Indian mutual funds have grown by about 200 per cent from Rs 47,000 crore (Rs 470 billion) in March 1993 to Rs 1,40,000 crore (Rs 1,400 billion) in December 2003.
The rush for prohibition and the Supreme Court's decision to ban liquor sales within 500 metres from highways have hurt companies.
Seven students were made international offers.
The broad contours of their assignment are expected to be making independent assessment of recovery prospects, and estimating haircuts for restructuring cases.
The incoming government will have to encourage private investments, bring down cost of capital
Credit rating agency ICRA is unlikely to revise its rating for ICICI Bank, but said it has 'taken note of the recent pressure' on the bank following panic withdrawal by depositors in some parts of Gujarat and Mumbai.
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The fast-growing housing finance market will require incremental funds to the tune of Rs 140,000 crore (Rs 1,400 billion) over the next five years.
NBFCs are mainly dependent on funding their operation from their own cash flows.
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
Recent rates cuts by most banks may not have a significant impact on margins, say analysts.
The GDP slumped to a three-year low lagging China for the second straight quarter -- as manufacturing slowed ahead of the GST launch amid demonetisation effect.
The country's current account deficit is likely to decline to 1.1-1.2 per cent of the gross domestic product in the third quarter, say rating agencies.
Govt could cut the GST rate payable every time someone buys a health insurance product; or it could also provide a larger income tax set off for those who buy a health insurance product
This comes at a time when competition has increased significantly.
Fintech players are customising solutions for rural markets and helping SMEs learn how to use the services
Industry is displeased over the failure of the National Manufacturing Policy, which has failed to invite any sizeable investment since it was launched more than two years ago.
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Retail inflation inches up to 3.77%; IIP growth dips to 3-month low
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